Private Company Tax Policy and Legislative Affairs Update | Virtual

Sep
20
When: 
Sep 20, 2021
1:00 pm to 2:30 pm

This session will focus on private companies and is sponsored by FEI's Committee on Private Companies (CPC).

This national committee is responsible for identifying issues of interest to private company finance professionals on a wide range of issues from legislation, regulation, accounting standards and practices, human resources and administration, and succession planning. The CPC also directs FEI’s advocacy efforts on public policy and accounting standards on behalf of private company members.

The CPC helps create content and guidance on these issues to benefit the FEI private company membership. FEI Members can join this committee at any time. For more information click here.

Join us to learn what's happening right now in Washington on private company tax policy and legislation. Additional items covered will include:

  * Qualified business deductions
  * Pass-through SALT deduction parity with C-Corps
  * Eliminate double death tax proposal for Estate tax
  * Capital gains/dividends rate
  * International tax updates
  * Supply chain impact for import and export activities.
  * FEI Committee for Private Companies survey results

This session will be moderated by Todd Horsager, FEI CPC Committee Member and FEI Twin Cities Member.

 

Moderator:

Todd Horsager
Chief Financial Officer, Tax & Treasurer of Compass and Principal

Todd is a C.P.A. with over 30 years of experience in the field of finance,treasury,mergersand acquisitions includingU.S. and international tax. Todd spent 18 years in Big 4 public accounting, 4 years in the medical device industryand 3 years with a private equity group. Prior to Compass Todd served as a Director of International Tax at PwC. Todd graduated from the University of Minnesota with a B.S. in Accounting.Todd has also been a guest speaker on the Nikkei CNBC show providing commentary on the U.S. Federal Reserve interest rate policies including U.S. and international tax and trade policies.  

Speakers:

Thomas McCarr
PricewaterhouseCoopers LLP

Tom is a tax partner in PwC’s Private Tax practice serving the tax needs of family owned businesses and companies owned by private equity firms. Tom has been with PwC for more than 30 years and has worked with a wide range of companies in the service, retail, manufacturing, and distribution industries. He has extensive experience working with companies on tax compliance, tax controversy, M&A structuring, tax and succession planning for high net worth individuals, and the implementation of various federal, state, and international tax strategies.

Jenny Lang
Tax Director – PwC Private Tax

Jenny is a tax director in PwC’s Private Tax practice with over 16 years of experience serving private companies and their owners. Jenny serves clients in a wide array of industries. She has extensive experience working with companies on federal, state and international tax compliance-related matters, including consulting, accounting method changes, transactional tax assistance and federal and state audit defense.

Larry N. Campbell
Managing Director – WNTS Tax Policy Services

Larry Campbell is a Managing Director in PwC's Washington National Tax Services (WNTS) Tax Policy Services Group, where he advises clients on tax legislation and provides analysis of legislative and regulatory issues of interest to the firm's practice offices and clients.

As a member of the WNTS Tax Policy Services Group, Mr. Campbell is responsible for consulting on tax legislation and regulations affecting clients in a number of industry areas, including technology, manufacturing, and financial services. In addition, he is a frequent public speaker on tax policy and is the author of numerous tax policy articles for various PwC publications available to firm practice offices and clients, including the WNTS publication "The Changing Horizon - 2021 Tax Policy Outlook."

Prior to joining the firm, Mr. Campbell advised two members of the House Ways and Means Committee, serving as Press Secretary and Legislative Assistant to Rep. William J. Coyne (D-PA) (1991-1995) and as Legislative Assistant to Rep. Ronnie G. Flippo (D-AL) (1986-1990).

Mark Smetana
Chief Financial Officer - Eby-Brown Company LLC

As CFO of Eby-Brown, a wholesale distributor of broad line products to the convenience store industry, headquartered in suburban Chicago, Mark led in the transition of the long-time family owned business to new ownership with a strategic partner. He has prior experience in the manufacturing, wholesale, health care and not for profit industries.

Mark is a recipient of FEI’s Distinguished Service Award. He is a Chicago chapter board member. He has served on FEI’s national board, the strategy planning and governance task force and chair of the FEI Committee on Private Company Policy. He has testified before the House Ways & Means Committee on tax reform for closely held business and has provided expertise on numerous panels.

Arlene Schwartz
Chair - FEI's Committe on Private Companies (CPC)

Arlene Schwartz is a CPA with over 25 years’ experience in US and international tax with a specialty in strategic tax planning and advocacy for corporations, private businesses, and nonprofits.  Her work often focuses on the tax impacts of current issues, legislative proposals, and product developments. 

Arlene is currently Chair of FEI’s Committee on Private Companies (CPC) and has been a strong advocate for members’ interests in numerous meetings with U.S. Congressional members, the Joint Committee on Taxation and the Treasury Department as tax reform legislation has been rapidly developing in the past few years. She also enjoys serving as a board member for FEI National and the New York City chapter.

Previously, she was Tax Director at EmblemHealth, a regional health insurer, and worked at the IRS and KPMG, handling tax audits and providing tax and financial planning advice. Arlene also held tax research and policy roles at JP Morgan Chase, Bank of New York, Deutsche Bank and others.

1.5 CPE Credits

Monday, September 20, 2021 - 13:00